Sustainability Strategy
We are committed to always aligning our business model and processes with the requirements of sustainability as it relates to ESG. This focus is crucial to our future success. We therefore continuously implement targeted measures and strategies to promote sustainability aspects in all areas of the bank and align our business activities with our guidelines.
Our guidelines
The guidelines provide us with orientation for sustainable business activities. At the same time, they support our employees in their decision-making processes.
As a leading banking partner, we take on responsibility to carry out sustainable and transformational business activities, as a lasting investment in a sustainable future and a world that needs to be preserved.
HCOB has anchored ESG in its business strategy. This clearly reflects our business orientation and our management of risks. In the governance of ESG aspects, the members of our Management Board take active responsibility. We are characterized by our culture of effective, responsible and transparent management.
We aim to extend our financing activities in sustainable business activities and projects and offer ESG-oriented products. We intend to have a more sustainable loan portfolio and to contribute to the achievement of the Paris Climate Agreement and the UN Sustainable Development Goals.
We actively support the transformation of our clients’ business models towards greater sustainability.
As a signatory of the United Nations Principles for Responsible Banking (PRB), we set a clear commitment to climate protection and sustainable action. We aim to implement sustainability aspects in all of the Bank’s business areas and therefore commit to reduce the Bank’s impact on climate change in all business operations and strengthen internal company awareness for ecological sustainability and resource protection.
We regard motivated and qualified employees as key to achieving sustainability. Flexible working arrangements that allow employees to strike a balance between their career and family commitments are important to us. Discrimination or harassment of employees in any form is unacceptable to us. We believe that diversity is beneficial to our success
We combine sustainability in our operating business with technology, digitalization and innovation.
Decarbonisation targets
Discover our decarbonisation targets for the portfolio and how we are reducing the CO2 intensity in our relevant business areas.
We also implement ESG measures when financing the various asset classes.
ESG measures are highly relevant to our daily internal business processes.
We expect a lot of ourselves when it comes to sustainability. That is why we raise awareness of the topic on an ongoing basis and have our own performance assessed by renowned sustainability organisations.